SEC Advisory Committee member calls agency to open for public comment on cryp...
"This open call for comment is the only way to appropriately crowd source this issue and appropriately develop a digital asset regulation Genesis Block," said J.W. Verret. Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to digital asset regulation.In a petition addressed to SEC Secretary Vanessa Countryman, Verret said opening the floor to comments on digital assets could function as a Genesis Block for the SEC to reform its regulations on....
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Ontario Securities Commission's Fintech Advisory Committee includes representatives from some of the leading blockchain and fintech firms. Blockchain technology is gradually becoming synonymous with financial technology. As the demand for distributed ledger related applications in banking and financial industry increases, the financial regulatory bodies are preparing themselves to accommodate such transition. The Ontario Securities Commission, in its effort to facilitate the use of new fintech solutions, has announced the formation of a Fintech Advisory Committee. The regulatory body has....
The US Commodity Futures Trading Commission (CFTC) has announced that it will hold a public meeting to discuss bitcoin and digital currencies on 9th October in Washington, DC. Created in 1975, the US CFTC is an independent federal agency that regulates the country's futures and options markets. The meeting will be presided by the CFTC's Global Market Advisory Committee, a group that advises the organisation on issues related to market integrity and competitiveness. The CFTC indicated that the meeting will consist of two panels, one of which will focus on examining bitcoin and questions....
The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities. China’s National Development and Reform Commission is seeking public opinion on the inclusion of crypto mining in its list of “phased-out” industries.The call for public comments by the country’s macroeconomic planning agency was contained in a release issued on Thursday.Back on Sept. 24, the agency added digital currency mining to its list of outdated industries following sweeping crackdowns by authorities in Beijing against crypto miners.The move....